Interfield Global Software (NEOE:IFSS) Change In Receivables : C$-0.76 Mil (TTM As of Sep. 2023)

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What is Interfield Global Software Change In Receivables?

Interfield Global Software's change in receivables for the quarter that ended in Sep. 2023 was C$-0.05 Mil. It means Interfield Global Software's Accounts Receivable increased by C$0.05 Mil from Jun. 2023 to Sep. 2023 .

Interfield Global Software's change in receivables for the fiscal year that ended in Dec. 2022 was C$0.00 Mil. It means Interfield Global Software's Accounts Receivable stayed the same from Dec. 2021 to Dec. 2022 .

Interfield Global Software's Accounts Receivable for the quarter that ended in Sep. 2023 was C$0.16 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Interfield Global Software's Days Sales Outstanding for the three months ended in Sep. 2023 was 117.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Interfield Global Software's liquidation value for the three months ended in Sep. 2023 was C$-2.69 Mil.

Interfield Global Software Change In Receivables Historical Data

The historical data trend for Interfield Global Software's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Interfield Global Software Change In Receivables Chart

Interfield Global Software Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

-0.06

-0.14

-0.23

Interfield Global Software Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial						-0.16	-0.96	0.27	-0.02	-0.05

Interfield Global Software Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.76 Mil.

Interfield Global Software (NEOE:IFSS) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Interfield Global Software's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.157	/	0.122	*	91
=	117.43

2. In Ben Graham's calculation of liquidation value, Interfield Global Software's accounts receivable are only considered to be worth 75% of book value:

Interfield Global Software's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.093	-	2.9	+	0.75 * 0.157	+	0.5 * 0
=	-2.69

Interfield Global Software Change In Receivables Related Terms

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Interfield Global Software (NEOE:IFSS) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

The Yes Business Centre, Office 910, PO Box 78020, Al Barsha 1 Dubai, Dubai, ARE

Website

https://www.interfieldsolutions.com

Interfield Global Software Inc is a software company that services numerous industrial segments including oil and gas, mining, and renewables. It has two operating divisions, E-commerce and Software as a Service. The E-commerce division is an industrial equipment marketplace that connects buyers and suppliers around the globe. ToolSuite, the company's flagship product of its Software as a Service division, is a cloud-based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

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